Land Reappraisal on Tatung’s Production Plants

Taipei, Taiwan, Tue, Dec 21, 2010 – To increase the shareholders’ equity, Shan Chih Asset Development Co. (SCAD) resolved to undergo land reappraisal on its production plants. SCAD, with 100% shareholding by Tatung, is responsible for the development and management of Tatung’s asset. The increase in value from factory land revaluation amounts to NT$1,670 million. The reserve for incremental tax on land revaluation is NT$221 million and shareholders’ equity is expected to be increased by NT$1,449 million after deduction of the reserve for incremental tax on land reappraisal.